CAPEX Q4 2017

GCC Energy Sector Landscape : 2017 - 2018

CAPEX Q3 2017

Improvement in oil prices this quarter has supported an increase in M&A activity and higher project spends. Additionally, there has been a shift in focus towards alternative energies and this trend is expected to continue in the future, leading the region towards adopting a more balanced approach between conventional and alternative energies

CAPEX Q2 2017

Similar to H1 2017, the second half of the year is anticipated to witness multiple challenges. Thus, companies in the energy market should adjust expectations

CAPEX Q1 2017

Despite a resurgence in U.S. shale, broad adherence to OPEC cut commitments has resulted in a relatively stable oil price. With several mega projects due for award in the near future, the remainder of the year is anticipated to witness decent project activity, slightly healthier than 2016

Bahrain

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Dubai

Office 3106, Jumeirah Business Centre 3

Cluster Y, Jumeirah Lakes Towers

P.O. Box 643554, Dubai

United Arab Emirates

Tel: +971 (4) 3695520

Fax: +971 (4) 3695521

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Since our establishment in 1985, Contax Partners has been the advisor of choice for companies operating within the constantly evolving Middle East, Russia and Africa energy sector. Having operated in the energy market for over 30 years, we have a track record of empowering our clients to win business. Contax Partners is well placed to understand the challenges, and what impact these can have on your growth plans for the Middle East, Russia and Africa.